Archived Cigna financial reports and earnings releases can be accessed on this page. Find the shareholder information you need about Cigna online now. PDF · Form 10K (HTML). CIGNA Corporation does not currently have any hardcopy reports on Click the button below to request a report. Course details for the Cigna 10km Run including course maps, summary, start and finish times, cut off times and prizes.
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CIGNA generally bears the risk if claims and expenses exceed premiums, but has the potential to recover these deficits from margins in future years if coverage is renewed.
Workers Cignw and Personal Accident. The Company actively studies policyholder behavior experience and adjusts future expectations based on the results of the studies, as warranted. Other revenues for the Health Care segment consist of revenues earned on direct channel sales of certain specialty products, including behavioral health and disease management.
Cigna Corp (CI) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 31, 2017
Impact of foreign currency movements included in segment earnings. Successful execution of these strategic and operational initiatives depends on a number of factors including:. CIGNA’s ability to develop and introduce new products or programs, because of the inherent risks and uncertainties associated with product development, particularly in response to government regulation or the increased focus on consumer directed products.
Other benefits and expenses reflected income forcompared to expense during This included participation in a workers compensation reinsurance pool formerly managed by Unicover Managers, Inc. Approximately 5, group life insurance policies covering approximately 5. Virgin Islands and Canada. These programs, which may involve contracted vendors, are intended to control health costs through the reduction of out-of-network utilization, the auditing of provider bills and recovery of overpayments from other insurance carriers or providers.
The RBC rules recommend a minimum level of capital depending on the types and quality of investments held, the types of business written and the types of liabilities incurred. Claim and expense assumptions may be based in whole or in part on prior experience of the account or on a pool of accounts, depending on the group size and the statistical credibility of the experience.
Thus if equity markets decline, the provision for expected future partial surrenders increases and there is no corresponding offset from the hedge program.
A non-jury trial began on September Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule of the Securities Act. Most contracts permit rate changes at least annually.
As part of its Run-off Reinsurance business, CIGNA reinsured a guaranteed minimum death benefit under certain variable annuities issued by other insurance companies. The principal competitive factors that affect the products of the Disability and Life segment are underwriting and pricing, relative operating efficiency, distribution methodologies and producer relations, the variety of products and services offered, and the quality of customer service and claims management.
CIGNA subsidiaries are also engaged in activities that may be scrutinized under federal and state antitrust laws and regulations. The HSA combines a high deductible payment feature for the health cignw with a tax-preferred account offering mutual fund investment options.
The proceeds are used for general corporate purposes, including working capital, capital expenditures, acquisitions and share repurchases. For example, the federal government requires Medicare and Medicaid providers to file detailed cost reports for health care services provided. CIGNA currently has insurance coverage for some of these potential liabilities. Financial Information about Business Segments.
As part of its strategy, the Company has undertaken several initiatives to realign its organization and consolidate support functions in an effort to increase efficiency and responsiveness to customers and to reduce costs.
Cigna Quarterly Reports and SEC Filings
The Company bears the risk of loss if its payment obligations to cedents increase or if its retrocessionaires are unable to meet, or successfully challenge, their reinsurance obligations to the Company. A final fairness hearing before cinga court is expected to be held on April 27,with final approval expected shortly thereafter. Section Certification Exhibit The profitability of CIGNA’s fully insured health care products depends on the adequacy of premiums charged relative to claims and expenses.
Equity in income of subsidiaries from continuing operations. Mezzanine and Private Equity Partnerships.
Annual Reports | Cigna
Unused FSA account funds cannot be rolled over from year to year; they are forfeited by the employee. Net unrealized appreciation — fixed maturities. Assumptions may be based in whole or cigma part on prior experience of the account or on a pool of accounts, depending on the group size and the statistical credibility of the experience, which varies by product. As of February 26,the insurance financial strength ratings for CG Life were as follows: